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20121227
20121227
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CNBC 8
CSPAN 7
FBC 7
CNNW 6
KTVU (FOX) 4
CSPAN2 3
KQED (PBS) 3
KRCB (PBS) 2
SFGTV 2
SFGTV2 2
WMAR (ABC) 2
KCSM (PBS) 1
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English 49
Search Results 0 to 49 of about 51 (some duplicates have been removed)
PBS
Dec 26, 2012 6:30pm PST
stands. for years, the bundesliga has drawn the highest spectator numbers of any league in europe. combined with steadily rising television rights, they have made a solid foundation for german soccer. the only thing missing is that elusive european title. >> we hope they get it. if you are just joining us, you are watching the "journal" coming to you from dw in berlin. after a short break, we will take a look of the role of german chancellor angela merkel in solving the eurozone debt crisis. >> we will be right back. do not go away. >> welcome back. >> 2012 is coming to an end, and a lot of people in europe will be happy to see the old year out. not a day went by without worrying about the future of europe. >> not just for finance experts. a to was also a tough year for political leaders as they lurch from one crisis summit to another, spending -- spending long as wrangling over the best strategy to solve europe cozy financial crisis. >> as europe's biggest economy, germany naturally had a large say. >> as germany's leader, angela merkel naturally made sure her voice was heard. >>
CSPAN
Dec 27, 2012 6:00am EST
huge error in europe of binding disparate economies by means of common currency. this is not the first time these things that happened. it happened in the united states of america. you have disparate economies in the united states of america that are bound together monetarily. missouri and washington state are as different as germany and greece. what is it that keeps the united states together? you had a great depression here in the 1930's. things were awful. and yet, i do not believe there were any political movements to get rid of the deficit states from the united states, like there are in europe and portugal and spain and everywhere else that happens to be in deficit. the reason is, the federal- state, especially after 1929 plays the role of the regulator of surplus and deficit recycling around the land. let me give you a simple example. we are in seattle. boeing is sponsoring the lectures. when boeing goes to washington to give a contract for the next generation jet or whatever, they may get it. they do get it. but there are some things attached. like for instance, we want a facto
CSPAN
Dec 27, 2012 1:00pm EST
being taken very seriously in europe and probably will happen there, even though the u.k. is kicking and screaming because they specialize in being the home of trading, whether trading in stocks or derivatives or anything else. they simply do not want that to be taxed. there are people in congress. i think wall street is now the number-one contributor to political campaigns. at least, it is in the running for number-one. i have been to washington many times and i'm involved with several groups that are trying to reform the business sector so that it can work, so that it can survive. it is very difficult because of the sheer amount of money that the finance sector in particular is pouring into lobbying and campaign contributions. it is very difficult. >> let's give a round of applause for lin. -- lynn. [applause] there is an opportunity for you to purchase and have the but signed. if you have court-further questions, she will be here signing books. thank you all and have a safe trip home. [captioning performed by national captioning institute] [captions copyright national cabl
CSPAN
Dec 27, 2012 1:00am EST
recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is all about intertemporal recycling. by effectively taking his hand and pushing it into the future, grabbing value that had not been generated. -- that is debt. producing the wealth, from which they hoped they would pay the debt. moneylenders, bankers. covering the fact that he had already paid wages, hoping that there would be something less for -- left for him. the fact that there is recycling -- you take a value for the future, bring it into the present, so as to
CNBC
Dec 27, 2012 4:00am EST
, europe was closed yesterday. there was trading in the u.s. it was a weaker session. that move did extend to some parts of asia overnight. interestingly enough, the shanghai composite down .6%. the hang seng was higher on the day. the nikkei adding .9%. the kospi was up even though south korea growth projections were lowered. european markets as we look across the major bourses give you a sense of the action we're seeing in the xetra dax which is about to have its best year in seven years, something like that. the ibex 35 is rallying as we get a further sense of how little value bon can i a has. the ftse mib is moving higher, too, adding about .1%. take a quick look at the bond space, the yield for spain and italy is moving higher today. but roughly as relevance we've seen predominating over the last couple of weeks. that is around 5.3% for spain. 4.5% for italy. we did see guilds moving about 3% level. now back below 1.9%. stick around because straight ahead, we get a view from one economist who says the weaker yen team is going to continue into the new year and offer some strateg
CSPAN
Dec 26, 2012 8:00pm EST
. jobs are lost. so there is a similarity with what is happening in europe and what could happen here if we don't get our house in order. >> you talked about a single- minded focus, yet you are leaving with jobs undone. how do you feel about leaving at this particular point in time? >> we still have several weeks. we have laid out the plans and all these efforts i have been part of and other efforts as well. i still have some optimism that we will get this job done. one of the reasons i did not run again is the really wanted to focus these last two years. i knew if i was running, i would not be able to be in the hundreds of hours of negotiations i have been in. i believe many of the ideas we have generated will be part of any solution, whether it comes before the end of this year or early next year. i believe the work product we have produced will be part of the solution. >> you talked about no longer missing a 80% of family birthdays. what will you be doing then? >> i will be doing some speaking and doing some teaching. i have people starting to talk to me about other opportunit
FOX Business
Dec 27, 2012 4:00pm EST
think europe is behind us. unemployment is finding its footing. the housing market is finding its footing. so i think generally we have got clear sailing for 2013. i don't think the market is going to skyrocket. i just don't think we're going to see the wild swings that we have seen the last couple of years. david: david, let me challenge you on that a little bit. tim, we will get to you in a second. you say most of the bad news is behind us, but what if we don't have a deal, and that's still a possibility, we go off the fiscal cliff and as most economists think, we go into a recession. i mean a recession is not priced into this market, is it? >> i think so. david: really? hold on a second, the last time we had a recession the dow went down. >> i don't think there's really many things they can do in congress to avoid a very slow growth economy. whatever they do, it is not going to cause the economy to grow like crazy. i don't think the market is pricing any any kind of major reversal. david: let me be precise here. you are saying specifically that if we go into a recession, a rece
FOX Business
Dec 27, 2012 3:00pm EST
making coal which is used in europe brazil and in asia and we are one of the top three exporters of that coal in the world, and as the recovery in steel production increases in asia and in europe and latin america, that should be better for demand for that coal and hopefully pricing and really benefits most of the coal companies. ashley: steel prices firming as well. >> it seems that way, yes. ashley: the epa has been tough on the coal industry. >> you have said it, yeah. ashley: does that have an impact? >> it has. you know, certainly the equities were discounting a romney victory back in november. got hit pretty hard afterwards. now the stocks are back to where it was prior to the election. in my view, there's not much more major harm that the epa and other regulation can do to the coal industry. but certainly as the economy dictates demand, electricity generation and more confidence, that will be more important than say the epa. the epa has done their damage for the most part. you can never say never but i think most of the negative news is behind coal for the epa. ashley: what c
CNBC
Dec 27, 2012 6:00pm EST
. >> think about how often have we been clobbered by the mess in europe. every time things start to look less horrible across the atlantic, every time we begin to wonder it may be, just maybe, the worse is finally past, there's some hideous headline out of greece that the comes back with a vengeance and the s&p gets bashed down by a torrent of selling. that's why it's so important to prepare yourself and your stocks for the next catastrophe around the corner. expected or unexpected so that you can make money in any market, or at least lose less and not just when things are going smoothly. you have to build this stuff into what i call your world view. you have to assume that somewhere sometime something will go wrong. i'm not saying you should be a super skeptic permabear, not at all. over the course of my 31-plus years in this business i've seen the averages climb way too way, watch the market make people way too much money to ever be too cynical and close-minded. being negative all the type has not historically been a lucrative strategy, and i don't see any reason why that should change
CNBC
Dec 27, 2012 9:00am EST
data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night? >> the nikkei continues its 21-month run. how much is the boj willing to put up with? >> looking a at potential strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service provider contract you sign s that standard practice or a sign the company's flagship phone suspect selling well? >>> we will start off with news about the fiscal cliff. congress returning to capitol hill today to try to get a deal done on the cliff before the deadline on december 31st. senate majority leader harry reid is working to see if the scaled backpa
SFGTV2
Dec 26, 2012 9:00pm PST
europe, similarly. it's not generally the standards to be putting people behind bars for a possession of any drug in small amounts for one's own personal use. and perhaps the paramount example of success in this regard is portugal. portugal 11 years ago decriminalized the possession of all drugs in personal use amounts. drug selling is illegal and you can still be arrested for that. they began doing evaluations a few years ago. you do not go to jail for possession of any drug in a small amount. and you are not drug tested. nobody gets thrown back in for dirty urines and all this sort of stuff. it's now been in place for 11 years. the research on that, and i recommend the piece in the british journal of crin knowledge and kid send it to -- cridge -- criminolgy. cases of h.i.v. and hepc and crime went down and people continued to seek treatment, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you cannot just turn smling from a felony to a misdemeanor but eliminate the criminalization of drug poss
ABC
Dec 27, 2012 2:00pm EST
all the sheep. >> yeah. >> i don't think this is the uk, but i think it's somewhere in europe. >> ah -- whoa. my goodness. >> that is a herd of sheep. >> it looks like a river. it looks like you're sitting in a river the sheep. >> sheep river. wool river. these people think there are about 1,000 sheep in this flock going by on a road somewhere in a forest. it was summer when they filmed this and these sheep just got in the way. all you could do was wait. >> at least the car got a nice -- all these sheep going by with the wool. cleaned the car off good. >> these couple of sheep have stopped. like, hey -- what's -- oh. just keep moving. >> you don't see anybody, like, herding them or anybody pointing them in the right direction. it's just, hey, they're going down this road. >>> so mom tells her kid to wake pajamas and do this dance. if he does all this, it's going to snow. and then it snowed, and this is his reaction. ♪ >> holy [ expletive]. >> oh, boy! >> i don't think mom expected that. >> but there really is no better word that moment than the s word! >> holy [ expletive]. >> like
FOX
Dec 27, 2012 12:00pm PST
a settlement with his family. it is still in europe however because bad weather is keeping it at the dock. >>> well, today on ktvu channel 2 news at 5:00, continuing coverage over that fiscal cliff crisis, more on that plus what happens to your paycheck and your monthly income if lawmakers fail to make a deal by january 1st. >>> thanks for trusting ktvu channel 2 news, we are going to see you the next time news breaks also we are always here for you on ktvu.com and mobile ktvu.com, have a great thursday everyone. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of wha
SFGTV
Dec 26, 2012 4:30pm PST
well in the '80s that has been revised. if you go to canada or europe, it's very common there, even on the east coast it's very common to. and they have gotten much better machines so you can now put a machine like that in front of the store. >> is that at whole foods at 4th street? >> no, it's at the safeway at 4th street and one at clement and 7th, safeway and one i believe at the marina safeway. >> are they being used? >> yes, they are. >> they are kind of limited, again, if someone comes up with a shopping cart it kind of shuts it down, but for the family or for folks, that is kind of the small-scale solution. that if we get the prices of those down, they are a little expensive at the moment. that could provide convenience in a lot of neighborhoods. and then you would need that distribution system to collect it. i think we do have some solutions. >> director dick-endrizzi? >> just to make sure that commissioner ortiz-cartagena, if the supermarket isn't there and then the small businesses in that half-mile radiuss, they are not required to participate in the program. it's just wh
KCSMMHZ
Dec 27, 2012 6:00am PST
towards europe, we're also watching a series of low-pressure systems one moving across the lowcountrys bringing snow across portions of germany, extending down through the alpine regions. some break in the action behind it but then the next system, a very large storm system is starting to move in off the atlantic toward the british isles. this will bring widespread rain showers. the problem here, the ground is already saturated. you have been seeing consistent rains recently so there is the risk of flooding. out ahead of it, though, things will be warming up. unseasonal temperatures are in store across london and paris, down through madrid at 12 degrees, over towards rome you're seeing a high of 15 but not everybody is sharing on the warm weather. stockholm, only minus 4 for your high on your friday. now here's a look at your extended forecast. >>> we'll be back in 30 minutes with more news. for all of us here at nhk world, thanks for joining us. have a great day wherever you are. -- captions by vitac -- www.vitac.com
PBS
Dec 26, 2012 4:00pm PST
took to the streets to demand freedom. long live syria, free and europe. >> he also defected from the bashar al-assad government. before that he held several high-ranking posts including the ambassador to sweden. i asked him how significant it is. >> it is very significant because one of the highest- ranking officers that have affected so far, and this man is the head of the military police and he must know a lot of things that have been going on by the army, invading the cities and killing civilians and bombarding the area with chemical weapons. he has said homs was bombed with chemical weapons. this is his statement. i think he was in a position to do this because you have all the reports coming to him. >> is it really that significant given that bashar al-assad still can count the military in multiples of tens of thousands? he is getting help from the russians, the iranians, and also has fallen out of lebanon. he looks pretty secure and appears to be acting with impunity. >> you are right. we cannot forget the fact this person has a lot of information about the use of prohibite
ABC
Dec 27, 2012 5:30pm EST
it's pretty clear they are both a com petter and a partner. >> number 4. europe. the european union was fractured by to much debt and the aust, rity plans to fix it. that is far from over. number 3. the housing market. finally bottom out. the combination of low home prices and continued record low mortgages set off a building and buying spree. well heeled investors started buying entire neighborhoods but first time buyer was also able to get a home for the first time in years as long as they had a heavy down payment. >> number number 2. >> project that obama will be re-elected. >> the election was about social. >> spending cutting, about what kind role government should have in your life. >> number 1. the fiscal cliff. lawmakers saw it coming but didn't bother to pay attention until after the election. had they put politics aside and dealt with it earlier who knows how strong the economy would be right now. >> coming up, a five-days for a woman. she gets the news she has been waiting to hear on her missing teen daughter. >>> and we are taking a look back at the year. the most outsta
SFGTV2
Dec 26, 2012 8:30pm PST
incarceration are five, six, seven, eight times than most in other societies, europe and elsewhere, though their rates of nonviolent crime and drug use are not that much different than ours. so if another country were to lock up its own people at the rate that we do, and if our rates of incarceration were more normative to the rest of the world, we would regard with that other country was doing as a massive violation of human rights. that's the way we would look at it. now, the other point here is what we're doing is not even
CNBC
Dec 27, 2012 12:00pm EST
included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i don't like it in january, judge, for what i just mentioned because we will see tax laws selling. we have not seen. we have seen gains selling, people taking gains. when they start taking these loss and when all the rest of this stuff kicks in, that's when i worry these guys will make an even worse deal in panic in january. >> let's go to our guests. what is the best way to protect your money with the cliff deadline a few days away, jason pride, director of glenn me. how are you doing? how do you perceive the markets with a couple days of trade iin left? >> i kind of agree with the consternation and concern of washington and everybody there. we look at the
CNBC
Dec 27, 2012 5:00pm EST
rotating into europe, we discussed that yesterday. sky bridge, our research team believes in the european restructuring story, the bank deleveraging story. some of us have to be fully invested, which sky bridge is. but we happen to have lower correlation relative to the overall markets because of what michael is saying, this uncertainty. headline uncertainty right now make s this a short-term coin toss and nobody likes that. over the long pull, i'm very optimistic. is there going to get a deal done? and i think that will all go well for the markets. and so to be positioned slightly long like steve's suggesting is probably the best position for a short-term -- >> what does that mean at the end of the day? people are wondering what slightly long is and what long correlation -- >> when i say we're low correlated to the market, the beta of the overall market is one, or 1.0. sky bridge is a 0.2. so, if the market goes up 100 points, we'll move 20 points. if market goes down 100 points, we'll move down 20 points. >> what does that portfolio look like? people want to be low correlated.
CNN
Dec 26, 2012 6:00pm PST
. >> these animals weigh over 600 pounds. they could go to a zoo in europe or australia to keep them fresh. the thing is that these animals are are so rare we have to know what the greeding program would be. >> that is a good question, if i find myself afraid or scared these guys know the animal very well. if th if they lick you, it is like sandpaper. >> these are like two of the last remaining tigers. >> are remember something, when a tiger like this takes down a water buffalo in less than ten seconds, they are the only cats in the world, they can eat up to 30 or 40 pounds in one sitting. i can tell you that, they may be small, but they are quite big. in egypt in the towns. >> it looks like a sphynx. >> he is biting your arm. >> you saw how big the tigers were. >> look at the ears. you see why the pharoas. >> they represent royalty. what is unique about this cat. they can jump ten feet in the air. they blend so well in the grass. they lay down and watch for a bird. >> they can grab the bird. look at those ears. that is what kind of gives them away. what is next. what are these? >> t
SFGTV
Dec 27, 2012 1:00pm PST
was mentioned earlier and in the use of rubber bullets and i lived in europe for a long time and i can safely say that all weapons are harmless and tasers are no exception. even though they are disguised as a less lethal option and amnesty international reported that 500 people in the u.s. died since 2001 in california alone. we know that mentally ill people are particular risk but so are others, such as elderly, pregnant woman, and people with heart problems and drug users. i believe that there needs to be another alternative for crisis intervention teams and one without weapons. thank you. >> hope, as the founder, i have been for 40 years, and needless to say in that time i have encountered many people in crisis, and i am 76 years old and i am still there, and i hope that we will not put tasers in the hands of our police officers or anyone else especially those dealing with people in crisis. and i have dealt with many people in crisis, on the street, in our facilities and in our safe house for the homeless, addicted prostituted women who are trying to change their lives. i shutte
CNBC
Dec 26, 2012 11:00pm EST
smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> i'm jim cramer and welcome to my world. you need to get in the game. firms are going to go out of business and he's nuts, they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you some money. my job is not just to entertain you but i'm trying to teach and coach you. so call me at 1-800-743-cnbc. in recent years stocks have become more hated, hated more than any time i can remember in my entire career. spans a lot of time! but you know what? i still believe anyone can turn a prof
CSPAN
Dec 27, 2012 5:00pm EST
, for instance. greece therefore is the sick person europe. of the world. meanwhile, the united states of america is ungovernable. you have a system in this country that was created to create this country as an ungovernable state. you have congress, the president canceling each other out. how the president -- whoever the president might be -- do anything? you have china -- finding it impossible to provide a replacement for the demand that the west has done away with. so, i do not have an answer for your question. bewilderment. >> my question is about consumer demand and the extent to which the old system depended on it. if we do not have it to the same degree, could there possibly be a new economy? i cannot know how to say all of these in the right economic terms. i will say what i am thinking and see what you make out of it. its teams like all the economy's got to a point where it had to be based on growth. it could not just be sustainable. it had to grow. and that meant more consumers. so, then, that led to a lot of things ecologically that were not good for the earth's, thing
FOX
Dec 27, 2012 6:00am PST
county -- country in europe. >>> now we have a crash which has shut down the sunole off ramp. 580 at the 680 split in dublin we also have another crash at canyon road and finally in caster valley, we have that car that crashed into a fence then a telephone pole and is resting up on the sidewalk and we have chopper 2 looking for the accidents that will bring you pictures soon. finally at the bay bridge, you can see traffic moving slowly. >>> there is a break in the rain just some clouds for the morning hours and our next chance for showers is moving in friday night into saturday morning and sunday will be dry. >>> breaking news from walnut creek we have ban following this since 3:00 a.m. and we have new information on a police involved shooting. >>> president barack obama cuts a deal about the fiscal cliff crisis, stay with us.
FOX Business
Dec 26, 2012 11:00pm EST
>> credit rating was reduced. >> we don't want to end up like europe. lou: great to see you both. now time for your h comments. writing into their hope barack obama gets all the taxes he wants. i'll bthe first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. we love hearing from you. >>> a massive winter storm wreaks havoc bringing blinding snow and devastang tornadoes. at least six are dead, over a thousand flights canceled nationwide stranding holiday travelers and worries things could get worse. welcome, i'm eric bolling in for neil cavuto and this is your world and we're tracking a deadly winter storm as it makes its way towards the east coast. in indiana, heavy snow stranding dozens of vehicles asolkseal with blizzard. a foot in bloming to know. across the south and southst 34 twisters leveled homes. in miss
CNN
Dec 27, 2012 8:00am PST
competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united states. >> the next. more than just about obama and romney. it was about socialism and capitali capitalism, about what kind of role government should have in your life. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> so those are the top 10 business stories. join don lemon for the biggest stories of the year
PBS
Dec 26, 2012 6:00pm PST
played a key role in the space race. but in recent years, japan, europe and the uk have all ended the practice, leaving the u.s. and gabon the only two nations that allow scientists to conduct tests on chimpanzees, but maybe not for long. >> if this committee had been tasked to do what it was asked to do five years from now, we probably would have said there is no longer any need for the use of chimpanzees. >> reporter: jeffrey kahn is a professor of bioethics at johns hopkins university. he chaired a blue ribbon committee for the institute of medicine that took a hard look chimpanzee testing in the u.s. as the outcry from animal rights activists reached a crescendo. >> we did acknowledge that from the perspective of this committee, the fact that chimpanzees are very close to humans gives them a different status. >> reporter: in late 2011, the committee laid out strict guidelines for chimp testing: the research must be done only when it's lifesaving, it can't be done ethically in humans, there are no other models, and the animals are socially and humanely housed. when the report arriv
CNBC
Dec 27, 2012 4:00pm EST
, lock at europe. they are decoupling. if anything, price is still very bull ir. i would rather listen to price. >> why do you say it's still very bullish? >> they recovered almost completely the loss which means the markets thinks tax puts will still be in play. the market is saying it's okay, you know, we've had an increase in market cap this year in the s&p 500 over $1 trillion. >> right. >> that's more than the cliff. >> let me go to my facebook friend michael carr. you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conserva
FOX Business
Dec 27, 2012 1:00pm EST
this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers university professor who is the perfect guest. >> happy holidays. lori: starting with consumer confidence if you look at the psychological impact of the fiscal clift debacle. >> prior to the holidays with a conversation was around wall street and the impasse with the fiscal cliff and today confidence index fell a full six points and fully driven by households and main street being concerned about taxes, unemployment insurance benefits so jobs are not being created so this provides the imperative at a higher level for congress. lori: if you hear the cbo says if we do go over the cliff then gdp w
PBS
Dec 27, 2012 3:00pm PST
functioned for years as an easy-to-enter gateway into the rest of europe. and one that by all accounts has made a mess of its immigration system. many migrants are illegal: largely tolerated in good times, but increasingly for greeks, no more. >> ( translated ): i don't have a problem with immigrants in general. but i have a problem with those who come here and don't find work and they resort to crime. >> brown: and has this been getting worse? >> everyday it's getting worse. >> brown: this man said he opposes violence against immigrants. but others clearly feel differently and the anti- immigrant sentiment helps explain the rise of the golden dawn party, which won 18 seats in parliament in the last election and has seen its popularity grow further in more recent polls to third among all parties. golden dawn describes itself as greek nationalists. but, with its swastika-like symbol, its rhetoric and street tactics, it's widely seen as neo-nazi. and its supporters have become more brazen in carrying out physical attacks on migrants, including this one caught on camera in a market in raf
CSPAN
Dec 27, 2012 7:00am EST
. southern europe is in a severe recession. germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op-ed about a month ago and this is part of it. i want to get your reaction. guest: in terms of income and what people effectively pay in tax rates, people and higher incomes pay effective tax rates three times those earning middle incomes in this country. salaried income versus capital gains gets confused. capital gains are no sure things. it is a high-risk proposition. there has always been a lower rate for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade, the 1970 's. we have seen that in other countr
CNBC
Dec 27, 2012 6:00am EST
about 0.50. and let's go to europe for a quick moment and you can see there, green arrows across the board. so, nice news in europe. joe? >> president obama and the senate are back in washington, from their holiday break to take part in further talks on fiscal cliff negotiations. joining us from new york is democratic strategist keith boykin and republican strategist susan del percio. keith, i'm going to start with you, because, you know, howard dean has been on more than a few times, he's a cnbc contributor. he said a month ago or a month and a half ago the best deal the democrats are going to get is to go over the cliff. why shouldn't we have listened to him and sort of seen the future? >> i don't know. i don't know that howard dean can predict how anyone can predict that. definitely there's some more leverage for the democrats after december 31st. the tax cuts expire, sequestration begins to take effect. the reality is no one wants to go over the cliff. neither republicans nor democrats. >> no, he does. >> well, i think for the -- >> so it's not no one. it's maybe -- >> no one sho
FOX News
Dec 27, 2012 8:00am PST
liquify, ship it to europe, ship it to the far east. not only would we have a huge impact on trade balance but actually help the economies out too. game-changer. harris: you mentioned cash on the sidelines. where is that coming from? >> corporate america and consumers, and we saw it this past christmas now with sales, have been holding onto their cash. they are worried. you can plan for anything as long as you know what the ground rules are going to be. washington has not given us the ground rules. once that clarifies i know it will have negative impact short term. corporate america will say, you know what? we will go ahead and build the plant. we'll go ahead and hire. we'll put money into the economy. it is estimated between one and $3 trillion sitting on the sidelines. harris: tell me what the deal is so we can go forward, is that it? >> higher taxes and entitlement cuts. harris: before you go, i hear a huge however, in all of this and that's because the only thing you say would slow down a positive outlook is the federal government getting in the way. you know they're pretty goo
FOX Business
Dec 27, 2012 9:20am EST
political inclusion. feudalism working europe for a select few for only so long. stuart: we have got it and we will follow. [talking over each other] stuart: the highlight reel coming up next. stuart: here it is. a serious subject in the highlight world today. in new york this paper names the names of gun owners. >> it is ridiculous. >> it is taken for granted. stuart: you are a angry man. >> yes. >> you have a blueprint for criminals. >> now what we have is crime changing with technology. stuart: we have these two in new york. adam, the whole point about keeping handgun ownership secret is that the bad guys do not know what they are letting themselves in for when they are bursting into your house. you may have a gun. they do not know. >> if you have the gun and you believe it will protect you, it was still protect you. i do not think it was bad what the newspaper did. if people want to break into
CNN
Dec 27, 2012 9:00am PST
clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to get a home for the first time in years as long as they had a hefty down payment. >> number two. >> cnn predicts president obama will be elected president of the united states sniet was more about socialism and capitalism, spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to coming and didn't bother to pay any attention until after the election. had they dealt with it earlier, who knows how strong the u.s. economy would be right now. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so
FOX Business
Dec 27, 2012 11:00am EST
should broaden the discussion and look at what is going on around the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about
FOX
Dec 27, 2012 7:00am PST
still in europe because bad weather is keeping it at the dock. >> a santa cruz biologist said seaports otters eat sea urchins that eat kelp, that means more kelp, that captures more carbon dioxide. he believes if enough grows it could help cool the planet. >>> today in san francisco more than 100 volunteers will take to the streets recording every bird that they spot. its part of the yearly christmas bird count. the volunteers will be using canoes and golf carts to cover as much area as possible throughout the day. this year's data is important this are using to predict the impact of climate change. the first part of the count took place on december 16th >> there is a serious accident in marin. we are watch that. >> reporter: west of fairfax near wood acre. a carvers a tree. the driver was ejected so it's a serious injury accident. we have an injury between half moon bay and san mateo. you can see chopper 2 flew in to the area. the scene has been cleared but traffic has been impacted in both directions, the chp said you can expect delaces of up to 24 minutes. this is a look at the brid
CSPAN
Dec 26, 2012 11:00pm EST
europe. you look back through the previous millennia and you have democracy and self-government existing in very few tiny city states, athens because they can't defend themselves militarily and even when it did exist people would speak the same language and worship the same god, the same climate and culture, a very small little area. that is all of world history. and you look today, democracy is half the planet. if you asked me what changed, what was the hinge of all of that i think i would say the word we the people. 225 years ago the hinge of world history because all of the conclusions at the time it was way better and more perfect and for the first time ever in the history of the planet, an entire continent got to vote on how they and their posterity would be, and there were lots of exclusions from our perspective that we wouldn't exist as a democratic country in the democratic world but for that. i would say it's the hinge of all modern history. before democracy almost nowhere and in the project is begun. it's not perfect. better than what we had before but not at all as go
CSPAN
Dec 27, 2012 10:00am EST
. opportunity is lost. jobs are lost. there is a similarity with what's happening in europe and what could happen here if we do not get our house in order, but we certainly are not greece. >> you have talked about a single-minded focus, but you are leaving it with the job undone. how are you feeling about leaving it at this particular time? >> i'm hopeful the job will be done. we still have several weeks. we have laid out the plans and all of these efforts that i have been part of and other efforts as well. i still have some optimism. that we will get this job done and get it done now. one of the reasons i did not run again is that i wanted to focus this last two years. i knew if i was running a would not be able to be in the hundreds of hours of negotiations that i have been in. and those negotiations have generated a work product for those who are available to negotiate. and i believe those who have been negotiating will be part of a solution, whether it comes early this next year -- and whether it comes at the end of this year, or early the next. >> what will you be doing next? >> i do
CSPAN
Dec 26, 2012 8:00pm EST
planet but no self-government in russia, and china and india and africa, most of europe. you look back through the previous millennia and you have democracy and self-government existing in very few tiny city states, athens because they can't defend themselves militarily and even when it did exist people would speak the same language and worship the same god, the same climate and culture, a very small little area. that is all of world history. and you look today, democracy is half the planet. if you asked me what changed, what was the hinge of all of that i think i would say the word we the people. 225 years ago the hinge of world history because all of the conclusions at the time it was way better and more perfect and for the first time ever in the history of the planet, an entire continent got to vote on how they and their posterity would be, and there were lots of exclusions from our perspective that we wouldn't exist as a democratic country in the democratic world but for that. i would say it's the hinge of all modern history. before democracy almost nowhere and in the project
CNN
Dec 27, 2012 1:00pm PST
that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> don't miss our "top 1
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